Annuity MD, INC.

Shocking Secrets Marketing System Agreement


By purchasing the 'Shocking Secrets' System, your irrevocably agree to be bound by the following agreement:

                       In consideration of their mutual promises set forth below, and for other good and valuable consideration, the parties hereby agree as follows:

1.                  Proprietary Systems and Grant of Limited License.  The Company has developed proprietary book and proprietary systems and methods for marketing and selling Tax-Deferred Annuities.  In exchange for Agent’s agreement to the terms and conditions below, the Company hereby grants to Agent a “Limited License” to use the Company’s systems to market and sell Tax-Deferred Annuities. 

2.         Restrictive Covenants.  It is understood by the parties that Agent will be given access to use Company’s book, “Annuities:  The Shocking Truths Revealed”, and the marketing system that coincides with the book, and other materials of the Company as they may exist from time to time, that such information and materials are valuable and unique assets of the Company's business, and that misuse of such items would be detrimental to the Company's business.

            (a)       The Agent covenants and warrants that, during and after the time Agent utilizes the selling system, Agent will not profit from the sale of the book.  Agent may only give the book away. Agent will hold all such information and materials confidential and will not disclose any such information to third parties for profit.

 (b)        The Agent covenants and warrants that agent will not do or attempt to do any of the following, either directly or indirectly:  (1) sell or give the book away online or over the internet;  (2) advertise the book in any national publication, broadcast, or medium.;  (3) Profit from the sale of the book. (4) Alter the book in any way shape or form; (5) Declare ownership or in any way shape or form directly or indirectly imply that Agent is the author of the book; (6) Market the book outside of a 180 mile radius of the Agent’s current location without obtaining an additional license or permission to do so for any such area. (7) Agent further expressly agrees that all copyrights, trademarks and intellectual property rights remain the exclusive property of Company. 


3.            Errors and Omissions.  Agent agrees to be personally responsible for damages or loss due to any errors or omissions in presenting the Company’s products and services to a client, and in completing the required applications and paperwork, including attorney’s fees and costs of defending allegations by clients.  Agent also agrees that damages and losses may include any payments, including attorney’s fees and costs, the Company may make in settlement of claims by clients. 


4.            Injunction and Damages.   I agree that this Agreement is important, material, confidential, and gravely affects the effective and successful conduct of the business of the Corporation and affects its reputation and goodwill.  The Corporation is entitled to obtain an injunction and damages for any breach of this Agreement, including but not limited to compensatory, incidental, consequential, exemplary, and lost-profits damages.  I agree to pay the Corporation's attorneys' fees, litigation expenses and costs for enforcement of this Agreement if I breach this Agreement.


5.            Indemnity.  Agent agrees to indemnify, defend, and hold the Company and its successors, Officers, directors, agents and employees harmless from any and all actions, causes of action, claims, demands, cost, liabilities, expenses and damages (including attorneys' fees) arising out of, or in connection with use of this marketing system and of any breach of this Agreement by Agent.

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